7197 Timbers Dr
About This Property
Set on a lovely meadow-like yard surrounded by tall aspen and pine trees, this classic yet timeless home is part of a community that's really into fire safety, boasting a Firewise USA certification. Step inside to an open, airy floor plan with soaring ceilings, tons of natural light, and a grand staircase that makes a statement. The flexible spaces here are just waiting for your personal touch to fit your lifestyle.
The kitchen? A dream for any cook, top-notch appliances, central island, plus easy access to deck for those morning coffees or entertaining sessions. The spacious primary suite is your personal retreat, featuring dual walk-in closets, vanities, spa-like steam shower and soaking tub. Other bedrooms are grand spaces filled with large windows storage and closets.
Working from home is a breeze in the dedicated 2 main floor home offices with large windows and high-speed internet. Head down to the versatile lower-level walkout featuring a cozy gas fireplace and all the potential for your personal touches. The 3 car garage is a bonus with high ceilings and lots of built-in storage. South facing driveway means easier access year-round.
You're just 35 min from Denver, close to all the best Evergreen & Conifer has to offer-shopping, dining, top-rated schools, and outdoor recreation, filled with hiking, biking, pickleball courts, and sports fields. Incredible lifestyle & value awaits you in Evergreen, Colorado. Tour: https://youtu.be/mHq4UihVFho
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Compass - Denver | $1,295,000 | |
| Listed by Compass - Denver | |||
| Aug 12, 2025 | No longer available | - | |
| No longer available | |||
| Jul 30, 2025 | Price Decreased |
$1,325,000
↓ $70K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017